+ Follow DR. ERNIE ESPIRITU Tag
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 138575
[Title] => There’s money in this country!
[Summary] => Believe it or not, this country's awash with cash. The problem is the absence of a good investment outlet. The stock market's dead and until corporate governance and transparency improves, no one wants to have anything to do with commercial papers. What is a cash rich investor to do?
Over the past two weeks, government had an offering for what was supposed to have been three-year retail treasury bonds with an effective yield of over 15 percent. They were hoping to raise P5 billion but when they closed the offering, they had subscriptions of over P20 billion.
[DatePublished] => 2001-10-31 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 136193
[Title] => GMA must set nation’s agenda
[Summary] => It bothers people that it is business as usual in this country when the whole world is in crisis. A war has just erupted and economies are falling into a recession that is expected to be severe. Former Finance Secretary Ed Espiritu called for some form of national unity in devising a plan to meet the crisis upon us. My publisher, Max Soliven, just back from the US, was appalled to see how petty concerns continue to dominate our attention.
[DatePublished] => 2001-10-10 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 135307
[Title] => 3Q02 recovery at the earliest
[Summary] => During the question and answer portion of last Thursday’s FOCAP affair with President GMA, the Chief Executive cited the relatively strong showing of the domestic economy in response to a question on her assessment of its state after Sept. 11. She expressed hope that sectors of our domestic economy will continue to perform well, regardless of what is happening in the world.
[DatePublished] => 2001-10-01 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 134613
[Title] => Moving Pandacan depot not that easy
[Summary] => The way Mayor Lito Atienza says it, parang madaling gawin. But of course we all know that bravado about moving the Pandacan oil depots in six months is pure press release. It is simply physically not possible. Selecting a new site, getting the new community’s approval and getting the engineering studies completed and the tanks constructed will all require many years to conclude, not months. It also has financial implications, but we can set that aside for the moment.
[DatePublished] => 2001-09-24 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 130255
[Title] => Make every Filipino carry his just tax burden
[Summary] => One thing I like with the idea of tax reform broached by President GMA in her SONA is the promise of making a wider segment of citizens carry their rightful share of the cost of government. Speaking for fixed income earners whose taxes are withheld from our paychecks, I am tired of carrying a heavy tax burden even as I see people far more affluent than I (including Presidents FVR and Erap) pay ridiculously lower taxes, if at all.
[DatePublished] => 2001-08-15 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 129991
[Title] => OFWs should pay income tax
[Summary] => I thought all along that OFWs pay income tax but at a really low rate of three percent. I have just been told that they are paying no income tax at all. A law passed during the Ramos watch totally exempted OFWs from paying any income tax at all. I think there is something wrong here.
[DatePublished] => 2001-08-13 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 129300
[Title] => Gross tax scheme won’t happen soon
[Summary] => It seems that we rejoiced too soon. Our previous column in praise of the Arroyo government's gross tax scheme may have raised false hopes. Based on what the President told us in that dinner Tuesday last week, the bill to amend the tax code still has a long way to go. The DOF tax experts still have to submit a draft of the bill. Some congressmen are preparing their own drafts too. And I got the impression from the President's remarks that they don't really mind Congress coming up with its own version altogether.
[DatePublished] => 2001-08-08 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 96383
[Title] => Island of opulence in sea of poverty - DEMAND AND SUPPLY
[Summary] => I had the opportunity to visit Punta Fuego in Nasugbu, Batangas last Sunday. I must say that what I saw is definitely impressive. Nature and capital worked together to bring about something that is truly world class. The views of sea and hills are spectacular, specially from the balcony of the residence of Nanding Balatbat, a finance expert I had the privilege of working with many years ago.
[DatePublished] => 2001-03-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 96754
[Title] => Can’t fool around with power deregulation - DEMAND AND SUPPLY
[Summary] => Towards the end of last week, California was on the verge of declaring a stage 3 power alert calling for rolling blackouts all over the state. A storm dumped heavy rain and snow up and down the state, hampering a key nuclear power plant and compounding the already difficult California’s power supply situation.
California is suffering from a peculiar situation in their power sector. The price of electricity is soaring, yet the big electric utilities are in danger of turning belly up. Who’s to blame?
[DatePublished] => 2001-01-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 98290
[Title] => The defense protests too much - DEMAND AND SUPPLY
[Summary] => Okay okay… so they are just doing their job and showing off their brilliance as lawyers. But I think the defense panel of the President should not forget that we are in the midst of a political exercise as well. While the impeachment trial is also judicial, it is more political than anything else. That is why there are 22 elected senator-judges and only one Chief Justice.
[DatePublished] => 2000-12-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
DR. ERNIE ESPIRITU
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 138575
[Title] => There’s money in this country!
[Summary] => Believe it or not, this country's awash with cash. The problem is the absence of a good investment outlet. The stock market's dead and until corporate governance and transparency improves, no one wants to have anything to do with commercial papers. What is a cash rich investor to do?
Over the past two weeks, government had an offering for what was supposed to have been three-year retail treasury bonds with an effective yield of over 15 percent. They were hoping to raise P5 billion but when they closed the offering, they had subscriptions of over P20 billion.
[DatePublished] => 2001-10-31 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 136193
[Title] => GMA must set nation’s agenda
[Summary] => It bothers people that it is business as usual in this country when the whole world is in crisis. A war has just erupted and economies are falling into a recession that is expected to be severe. Former Finance Secretary Ed Espiritu called for some form of national unity in devising a plan to meet the crisis upon us. My publisher, Max Soliven, just back from the US, was appalled to see how petty concerns continue to dominate our attention.
[DatePublished] => 2001-10-10 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 135307
[Title] => 3Q02 recovery at the earliest
[Summary] => During the question and answer portion of last Thursday’s FOCAP affair with President GMA, the Chief Executive cited the relatively strong showing of the domestic economy in response to a question on her assessment of its state after Sept. 11. She expressed hope that sectors of our domestic economy will continue to perform well, regardless of what is happening in the world.
[DatePublished] => 2001-10-01 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 134613
[Title] => Moving Pandacan depot not that easy
[Summary] => The way Mayor Lito Atienza says it, parang madaling gawin. But of course we all know that bravado about moving the Pandacan oil depots in six months is pure press release. It is simply physically not possible. Selecting a new site, getting the new community’s approval and getting the engineering studies completed and the tanks constructed will all require many years to conclude, not months. It also has financial implications, but we can set that aside for the moment.
[DatePublished] => 2001-09-24 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 130255
[Title] => Make every Filipino carry his just tax burden
[Summary] => One thing I like with the idea of tax reform broached by President GMA in her SONA is the promise of making a wider segment of citizens carry their rightful share of the cost of government. Speaking for fixed income earners whose taxes are withheld from our paychecks, I am tired of carrying a heavy tax burden even as I see people far more affluent than I (including Presidents FVR and Erap) pay ridiculously lower taxes, if at all.
[DatePublished] => 2001-08-15 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 129991
[Title] => OFWs should pay income tax
[Summary] => I thought all along that OFWs pay income tax but at a really low rate of three percent. I have just been told that they are paying no income tax at all. A law passed during the Ramos watch totally exempted OFWs from paying any income tax at all. I think there is something wrong here.
[DatePublished] => 2001-08-13 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 129300
[Title] => Gross tax scheme won’t happen soon
[Summary] => It seems that we rejoiced too soon. Our previous column in praise of the Arroyo government's gross tax scheme may have raised false hopes. Based on what the President told us in that dinner Tuesday last week, the bill to amend the tax code still has a long way to go. The DOF tax experts still have to submit a draft of the bill. Some congressmen are preparing their own drafts too. And I got the impression from the President's remarks that they don't really mind Congress coming up with its own version altogether.
[DatePublished] => 2001-08-08 00:00:00
[ColumnID] => 133182
[Focus] => 0
[AuthorID] => 1804837
[AuthorName] => Boo Chanco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 96383
[Title] => Island of opulence in sea of poverty - DEMAND AND SUPPLY
[Summary] => I had the opportunity to visit Punta Fuego in Nasugbu, Batangas last Sunday. I must say that what I saw is definitely impressive. Nature and capital worked together to bring about something that is truly world class. The views of sea and hills are spectacular, specially from the balcony of the residence of Nanding Balatbat, a finance expert I had the privilege of working with many years ago.
[DatePublished] => 2001-03-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 96754
[Title] => Can’t fool around with power deregulation - DEMAND AND SUPPLY
[Summary] => Towards the end of last week, California was on the verge of declaring a stage 3 power alert calling for rolling blackouts all over the state. A storm dumped heavy rain and snow up and down the state, hampering a key nuclear power plant and compounding the already difficult California’s power supply situation.
California is suffering from a peculiar situation in their power sector. The price of electricity is soaring, yet the big electric utilities are in danger of turning belly up. Who’s to blame?
[DatePublished] => 2001-01-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 98290
[Title] => The defense protests too much - DEMAND AND SUPPLY
[Summary] => Okay okay… so they are just doing their job and showing off their brilliance as lawyers. But I think the defense panel of the President should not forget that we are in the midst of a political exercise as well. While the impeachment trial is also judicial, it is more political than anything else. That is why there are 22 elected senator-judges and only one Chief Justice.
[DatePublished] => 2000-12-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
January 15, 2001 - 12:00am
December 20, 2000 - 12:00am
